Quant was the biggest winner on Monday, rising 32.85% to reach $238.2 at the time of publication. The alternative coin extended its weekly gain to 260%.
The rally began on September 24, when The Clearing House selected Quant to operate the network for encoded deposits in the United States. The Clearing House owns 25 of the largest U.S. banks. The network is expected to launch in the first half of 2027.
In addition, British banks such as Barclays, HSBC UK, and NatWest completed direct payments in encoded British pounds on the Quant platform on the same day. Even after trading ended, QNT was trading at about 47% below its September 2021 all-time high of $427.42
$QNT
The rally began on September 24, when The Clearing House selected Quant to operate the network for encoded deposits in the United States. The Clearing House owns 25 of the largest U.S. banks. The network is expected to launch in the first half of 2027.
In addition, British banks such as Barclays, HSBC UK, and NatWest completed direct payments in encoded British pounds on the Quant platform on the same day. Even after trading ended, QNT was trading at about 47% below its September 2021 all-time high of $427.42
$QNT
